The U.S. Economy

Paper Summary:

The United States economy has experienced several changes in the past few years. This paper explains that it is important to look at five economic indicators in order to speculate the direction the current economy is moving in. The indicators examined are the CPI, housing and unemployment, producer price index, retails sales, and the movements in the dollar.

From the Paper:

"The United States economy has been showing signs of growing stronger in the past several months. Housing starts and retail sales are up, while unemployment is down. The consumer price index has dropped, and while the producer price index dropped slightly, this was not a major concern for economists. Reports in December showed a slight decline in consumer confidence; however all of the economic indictors strongly suggest that the economy will continue on a strong growth path over the next year."

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